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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Haim R. Branisteanu who wrote (174475)6/21/2002 5:25:09 PM
From: LLCF  Read Replies (2) of 436258
 
<Their target is parity to the USD that is another 290 pips or another 2.9 % or so >

Exactly... not even parity with the Euro yet... If I was European I'd be pissing all over the $US and bringing my coin home, or putting it in Gold. You have to remember, the $US sloshing around the world is mindboggling. The EURO could trade for $2 with WORSE fundamnetals than the US... it just doesn't matter. Besides, the fundamentals ARE there, the trade deficit is horrific, the dollar is the most overvalued currency on the planet.

OTOH... it's like the market... it's oversold. I'm just talking long term investment wise.

DAK
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